MAT - Disallowance to computation of book profit u/s 115JB - ...

Leave Encashment Not Included in Book Profit Calculation u/s 115JB; Classified as Ascertained Liability.

May 3, 2022

Case Laws Income Tax AT

MAT - Disallowance to computation of book profit u/s 115JB - Disallowance of leave encashment as unascertained liability - as the provision for leave encashment has been made by the appellant on actuarial basis, therefore, the same being in the nature of an ascertained liability could not have been added for the purpose of determining the “book profit‟ u/s 115JB - AT

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MAT - Disallowance to computation of book profit u/s 115JB - ...

Leave Encashment Not Included in Book Profit Calculation u/s 115JB; Classified as Ascertained Liability.

May 3, 2022

Case Laws Income Tax AT

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